Director, Risk Management & Compliance The African Reinsurance Corporation (Africa Re)

The African Reinsurance Corporation (Africa Re) is the leading African reinsurance company with headquarters in Lagos (Nigeria). Africa Re has six regional offices: Casablanca (Morocco), Abidjan (Côte d’Ivoire), Nairobi (Kenya), Lagos (Nigeria), Cairo (Egypt) and Ebene (Mauritius). The Corporation equally has two subsidiaries: African Reinsurance Corporation South Africa Ltd in Johannesburg (South Africa), Africa Retakaful in Cairo (Egypt) and one Local Office in Addis Ababa (Ethiopia).We are recruiting to fill the position below:Job Title: Director, Risk Management & ComplianceLocation: LagosJob Grade & DutiesAfrica Re announces the vacancy of the position of Director, Risk Management & Compliance in her Head Office in Lagos (Nigeria) on the Executive Staff Grade level.ResponsibilitiesReporting directly to the Group Managing Director/CEO, the Director, Risk Management & Compliance will provide the overall leadership, vision and direction for Risk Management & Compliance across the Corporation.Duties/Job DetailsThe duties of the Director, Risk Management & Compliance shall comprise amongst others:Review and report on compliance with the Corporation’s underwriting policies and guidelines to ensure strict compliance to the set guidelines.Review and report on the overall profitability for the year under review as well as the profitability by cedant and by line of business,Risk identification and reporting across the Corporation,Development of risk management strategy, principles, framework and policyImplementation of appropriate risk management processes and methodologiesAdvice and coaching to production centres on risk management,Co-ordinate appropriate and timely delivery of risk management information,Co-ordinate the rating process with Rating Agencies,Attending to any other duty as may be assigned by the Corporation’s executive management from time to time.Main Competencies Required for this PositionStrong theoretical and practical knowledge of Enterprise Risk Management in the re/insurance industryVery good technical knowledge of the classes of business (underwriting and claims).Professional technical competence in Insurance and ReinsuranceWorking knowledge of data sources in (re)insurance industryGood skill in business software tools: Word, Excel, Power Point, RMS.Ability to work well with all levels of management and across group operationsStrong team player and proven leadership and managerial skills/experience;Excellent analytical, planning and reporting skills;Capacity for synthesizing and reasoning;Well-developed communication and interpersonal skills;Impeccable bias for action and strategic disposition;Customer focused;Unquestionable integrity and proven sense of responsibilityAbility to work under pressureExcellent computer skills required in Microsoft Office (Word, Excel, PowerPoint, RMS etc.) 

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